NiceHash, touted as one of the world’s largest Bitcoin trading and mining site, has revealed that hackers have compromised its payment system and wiped out its entire Bitcoin wallet, resulting in over $60 million loss.

“Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. NiceHash is suggesting that users of its internal wallets should change all of their online passwords as a precaution.

The number of Bitcoins stored and their value has increased rapidly over the last year making it a favorite target for hackers, which in turn has raised online security concerns for cryptocurrency marketplaces and exchanges.


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